This is provided they use the accounts for transactions with a resident of India. India’s central bank is now allowing overseas branches of authorized banks to open rupee-denominated accounts for ...
The rupee declined 9 paise to settle at 86.44 against the US dollar on Thursday amid the strengthening American currency and continuous outflow of foreign funds. However, positive domestic equity ...
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Moody's Ratings on Thursday said the Indian rupee has depreciated by around 5 per cent in the last two years and has fallen ...
INR fell 9 paise to 86.43. There has been some recovery in the US dollar index as it holds above 108 mark following recent losses. Investors are still trying to assess the impact of Donald Trump ...
Indian stock markets recover modestly, cautious ahead of Budget and earnings season, IT and cement sectors show selective ...
Sri Lanka’s rupee closed at 298.65/75 to the US dollar in the spot market Thursday, stronger from Wednesday’s close of 298.80/299.00 dealers said, while bond yields were flat.
Former Reserve Bank governor Raghuram Rajan attributes the Indian rupee's fall to a strong US dollar, advising caution with ...
The Pakistani rupee (PKR) closed in green reversing its 2-day losing streak against the US Dollar (USD) today after opening trade at 279 in the interbank ...
Sri Lanka's retail demand is beginning to pick up but is still below pre-crisis levels, Charitha Subasinghe, President Retail ...
A slowing economy, high food inflation, weak rupee and global concerns pose challenges for finance minister Nirmala ...
Indian stocks have lost almost $500 billion in market value in the past month, with MSCI Inc.’s index for the nation marking ...